Janitor Meets Fairy GodLloydSharon Sinaswee didn’t know what to expect last summer when she rode the elevator to the 43rd floor of the new headquarters of Goldman Sachs. Then Goldman CEO Lloyd Blankfein sat next to her.
Bernanke Attempts to Stimulate American Economy; World Clenches Buttocks“Well, so much for inflation fears. And a good thing, too,” Matt Cooper wrote on his Portfolio blog this morning, after the Federal Reserve, faced with a global stock sell-off ignited by fear of a recession, cut the federal-funds rate three-quarters of a percentage point, the biggest single cut in interest rates, according to The Wall Street Journal, since 1982. Cooper sounded a little like he had just woken up. “The rate cut was needed and the dribbling of half and quarter point cuts,” he wrote. Treasury Secretary Henry Paulson, who had been leading a press conference on the hale state of the U.S. economy when the news came in, was also pleased. “This is very constructive, and I think it shows this country and the rest of the world that our central bank is nimble and can move quickly in response to market conditions,” he said. Others were more skeptical.
early and often
Hillary Calmly Plays Her Last HandHillary Clinton’s final Iowa ad is on YouTube. It will be broadcast tonight at 6 p.m. in every media market in the state. It’s two minutes long, it’s calm, and it’s reasonable. It also promises that the last image of Hillary is one of her rested and in control (as opposed to John Edwards, who is right now nearing the end of his grueling 36-hour bus-tour marathon). We wonder how long ago the video was filmed (either that, or how much video airbrushing went on. The gal looks ten years younger!). It’s a funny contrast, to see the image that Hillary wants you to have of her, after weeks of fatigue, sniping, and near-desperation. Is the Clinton in this video the one who would run the country every day? Or the snappy, haggard, calculated one we’ve come to see on the trail? You decide. Hahahahah. Just kidding. Iowa decides. You have nothing to do with it.
Click here to view.